CapEx News - May 2024

Project News,Updates,Bids & Tenders for Consultants,EPC Contactors,Industrial Suppliers & Service Providers

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Phoenix Mills to build hotels in Bengaluru, Mumbai
Infrastructure - May 15,2024
Phoenix Mills, a Mumbai-based property developer, plans hotel expansions, including a 400-key premium hotel in Bengaluru's Marketcity, managed by Hyatt under the Grand Hyatt brand. They also ac .

Siemens announces capex of over Rs 1,000 crore
Manufacturing - May 15,2024
Siemens Limited announces major expansions in two of its Indian factories, aligning with previous capacity increases. The total capital expenditure exceeds Rs 1,000 crore, emphasizing growth and inn .

Praveg secures 30-year land lease in Jawai, Rajasthan
Infrastructure - May 15,2024
Praveg Limited, a premier eco-responsible luxury resorts company, announces a new land lease for Cave Resort in Jawai, Rajasthan. Exploiting Jawai's scenic beauty, the resort will feature luxur .

Shyam Metallics plans Rs 810 crore investment
Metallurgical Industries - May 15,2024
Shyam Metalics and Energy Ltd's Board of Directors approved a CAPEX of Rs. 810 crore for manufacturing Flat Rolled Aluminium Products, Aluminium Foils, Stainless Steel Bright Bars, and SS Wire .

Flair Writing Industries Limited holds groundbreaking ceremony for new facility
Manufacturing - May 15,2024
Flair Writing Industries Limited begins construction of a new 180,000 sq ft facility in Valsad, Gujarat, featuring manufacturing units, a warehouse, and an administrative block. Additionally, a 50,0 .

Netweb Technologies inaugurates high-end computing systems manufacturing facility at Faridabad
Manufacturing - May 14,2024
Netweb Technologies inaugurates India's flagship high-end computing servers, storage, and switch manufacturing facility in Faridabad, supporting the "Make in India" initiative. The facility showc .

Dodla Dairy Limited commences commercial production at Dodderi Plant
Food Processing - May 14,2024
Dodla Dairy Limited has initiated commercial production at its Dodderi Plant in Karnataka, India, with a daily capacity of 40,000 liters. Established in 1995, the public limited company operates from .

Lemon Tree Hotels signs a new property in Bareilly, Uttar Pradesh
Hospitality and Healthcare - May 14,2024
Lemon Tree Hotels announces a new franchise, Keys Select by Lemon Tree Hotels, in Bareilly, Uttar Pradesh, slated to open in FY25. Bareilly, known for furniture manufacturing and trade, is strategical .